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$ETH bullish divergence. I'll keep pointing out bullish signs for Ethereum, whether you like it or not. A short-term rally towards $2,600-$2,700 looks possible. Let's hope it's not a dead cat bounce.

The crypto market has been in trouble this February, with Bitcoin plunging to its 2021 lows at $86K and Ethereum facing heavy selling pressure. $ETH dropped below $2,500 after a massive $1.5 billion hack, allegedly carried out by North Korea’s Lazarus Group, triggering a 25% price crash. Now, analysts, including Benjamin Cowen, warn that Ethereum could fall even further—possibly below $1,000—before any real recovery. Ethereum’s Decline Shows No Signs of Slowing Ethereum’s price action remains bearish, with its drop below key support levels signaling a deeper correction. Analysts point to past capitulation events in April and August, suggesting $ETH could follow a similar pattern and bottom out under $1,000. While sharp declines have historically led to strong rebounds, a recovery will depend on broader market conditions. The Federal Reserve’s stance on quantitative easing (QE) is a key factor in Ethereum’s outlook. Right now, there are no signs the Fed will inject liquidity into the markets, which could make ETH’s decline worse. If tight monetary policy continues, Ethereum could drop below $1,500 and potentially test $1,200—or even fall under $1,000—before stabilizing. Is Ethereum Oversold? A shift in the Fed’s policy could be the spark Ethereum needs for a rebound. Historically, ETH has gained momentum after QE events, often outperforming Bitcoin. If the Fed introduces stimulus measures by March 2025, Ethereum could see a strong recovery. Crypto analyst Trader believes $ETH is oversold and is currently trading within its largest historical order block. Despite the bearish market, he remains optimistic, suggesting Ethereum could be due for a bounce based on chart patterns. For now, Ethereum remains under pressure, and analysts warn the worst may not be over. However, if ETH holds above $2,000 as market conditions improve, a recovery toward the $3,500–$4,000 range is still possible.

🚨 #Blackrock just deployed 5K+ $BTC and 30K $ETH to #Coinbase prime. Let's hope they're planning to buy Alts 🙃

⚡️ LATEST: BlackRock moved 5,100 $BTC ($441.88M) and 30,280 $ETH ($71.85M) into Coinbase Prime in the last 30 minutes.

⚡️ LATEST: BlackRock moved 5,100 $BTC ($441.88M) and 30,280 $ETH ($71.85M) into Coinbase Prime in the last 30 minutes.